@Mike Giallanza, I can do that conversion and in fact, the city of Oakland had encouraged this due to shortage of housing.

I would strongly encourage  and highly recommend getting those people out before you get to closing.

Appreciate the help, advice, and encouragement.  

I also reserve the right to charge for phone calls in 15 minute increments (to encourage brief effective communication and to discourage repetitive conversations)

Words of encouragement?

My agent keeps encouraging me to get my real estate license and work under his brokerage.

@Andrew Zannotti thanks for the encouragement.

They receive stepinds to assist with living expenses (this college doesn’t encourage students to work while enrolled) and have w-2s to support it.

Otherwise, I think But I'd strongly encourage you to analyze & make sure you're better off on a whole given all the drawbacks that come along with sharing your place & becoming a landlord (think costs & hassle factor). 

I am a new investor and want to focus on the Memphis market as we already own two rentals in the area and its encouraging to see you transferring your talents from Atlanta to Memphis!